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Pension Benefit Guaranty Corporation |
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Pension Benefit Guaranty CorporationIn the US, a federal corporation, set up in conjunction with the Employee Retirement Income Security Act (ERISA) of 1974, to guarantee basic benefits to participants in pension plans which are underfunded.Similar MatchesForeign Sales CorporationForeign Sales CorporationRefers to a provision of the U.S. tax code that grants income-tax rebates to American exporters if they form what may be a largely artificial foreign subsidiary called an FSC. This has been the subject of a trade dispute with the EU which complained to the WTO that this constitutes an illegal export subsidy. Federal Home Loan Mortgage Corporation (FHLMC)Federal Home Loan Mortgage Corporation (FHLMC)See: Freddie Mac International Finance Corporation (IFC)International Finance Corporation (IFC)A corporation owned by the World Bank that produces a number of well-known stock indexes for emerging markets. Its major role is to provide financing for projects in less developed countries. Domestic International Sales CorporationDomestic International Sales CorporationA type of U.S. corporation, authorized in 1971, with income primarily from exports. Usually wholly owned U.S. subsidiaries, DISCs had special treatment in borowing or taxation. A 1976 GATT case found against the U.S., which reached a compromise settlement with the EC in 1981. DISC was replaced in 1984 by foreign sales corporations. IncorporationIncorporationA legal process through which a company receives a charter and the state in which it is based allows it to operate as a corporation. Further SuggestionsMultinational corporation (MNC)Financing Corporation (FICO) Edge Act corporation articles of incorporation Commodity Credit Corporation Domestic International Sales Corporation (DISC) National Securities Clearing Corporation Corporation Federal Deposit Insurance Corporation (fdic) National Securities Clearing Corporation (NSCC) Quasi public corporation Securities Investor Protection Corporation Federal Agricultural Mortgage Corporation (Farmer Mac) Articles of incorporation Edge corporations Resolution Trust Corporation (RTC) Options Clearing Corporation Transnational corporation advance corporation tax Controlled foreign corporation (CFC) National Association of Investors Corporation Security Industry Automated Corporation (SIAC) S Corporation Federal Deposit Insurance Corporation Alien corporation |
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